XINDE MARINE NEWS’ Post

China Classification Society (CCS) provides world-leading technical codes and standards and offers classification survey services for ships, offshore installations and related industrial products. The class society also provides statutory survey and other services in accordance with international conventions, regulations and related rules of the authorizing flag states or regions. With the Objective of “Safety, Environmental protection and Creating value for clients and society”, and based on the 128 offices established worldwide, CCS provides services for a range of industries and fields including shipping, shipbuilding, shipping finance and insurance, etc. CCS is widely and highly recognized by the international industry. Learn more at https://lnkd.in/d9Zf4HnF. Xinde is pleased to have the supporting from China Classification Society. Join us to start Xinde Marine Forum 2024' s journey. https://lnkd.in/gkUnFdSK #marine #forum #green #shipping #ship #vessel #decarbonization #law #insurance #fuel #market #operation #management #shipmanager #financial #leasing #shipbuilding #shipyard #challenge #chance #digitalization #port #investment #regulation #shipowners #charterer #shipmanager #CCS #ClassificationSociety

Globaltrans applies for admission of GDRs to trading on Astana International Exchange Globaltrans expects AIX to become a sole platform where its GDRs will be listed and traded MOSCOW, October 16/ Globaltrans has applied for the admission of the company’s global depositary receipts (GDRs) to trading on the Astana International Exchange (AIX), the Russian railroad operator said in a statement. "Globaltrans Investment PLC <…> on October 15, 2024 submitted an application for the admission of its global depositary receipts to Astana International Exchange official list of securities and an application for the admission of GDRs to trading on AIX," the statement reads. Globaltrans expects AIX to become a sole platform where its GDRs will be listed and traded. Meanwhile, the company will not be issuing any new shares/GDRs in connection with AIX listing and trading applications. Earlier, the board of directors of Globaltrans approved the listing on the Astana International Exchange, which is expected to preserve the GDRs’ international listing while mitigating infrastructure risks for all shareholders, as well as the voluntary delisting of the company’s GDRs from the Moscow Exchange, SPB Exchange and the London Stock Exchange. Globaltrans Investment PLC is one of leading freight rail transportation groups, which operates via its subsidiaries in Russia and CIS countries. #business #finance #financialservices

Explore Lithium Intelligence with SZJ at CIBF2024! 😎

Our CEO, Stamatis Tsantanis, recently joined #BuyHoldSell with Tobin Smith and Todd M. Schoenberger, in an engaging #interview covering the market outlook, global #shipping demand and commodities, while sharing interesting perspectives on the industry fundamentals. View the full interview here: https://lnkd.in/dPTxMF2R #SHIP #Seanergy #CEOinterview #ShippingIndustry #Drybulk #Maritime

🔉 TEN LTD. - Dashing Forward After 2023 Record Year Capital Link's Trending News Podcast Series Featuring: Dr. Nikos Tsakos, Founder, Chairman & CEO - Tsakos Energy Navigation Ltd (TNP) Interviewed by: Mr. Nicolas Bornozis, President - Capital Link, Inc. April 11, 2024 About TEN Ltd. TEN was founded in 1993 with a fleet of four tankers and has grown into one of the largest independent energy transporters in the world with a fleet of 74 double-hull vessels totaling 9.1 million dwt, diversified across the main energy transportation segments – crude and product tankers, LNG and shuttle tankers. TEN was originally listed on the Oslo Stock Exchange in 1994 and moved its listing to the New York Stock Exchange in 2002. It recently celebrated its 30th anniversary as a publicly listed company. TEN Ltd. is the energy transporter of choice for major oil companies and other blue chip global energy concerns. Its focus on fleet modernity, operational excellence and balanced fleet employment has enabled the company to produce strong results throughout the market cycles. TEN has always paid a dividend irrespective of market cyclicality; $546 million in common stock dividend payments since the 2002 NYSE listing. The company’s shares trade on the New York Stock Exchange under the ticker symbol “TNP”. #shipping #maritime #tankers #crude #oil #energy #seatransportation #dividends #shareholders ▶ Capital Link Trending News Podcast Series This series features interviews and discussions with senior management elaborating on recent company news and announcements. Watch here ↙ ↙ https://lnkd.in/eAbYB6_n

ICYMI #SantacruzSilver was recently featured on Proactive, where we shared our Q1 results and the company’s future outlook. Read the full article here: https://bit.ly/4aP9PZ1

At EQ Resources Limited, we recognise our success is built not just on the resources we mine but also on the relationships we've built. CEO Kevin MacNeill recently highlighted the support and trust that fuel our progress. 📈 Government Support: Backed by significant Australian government grants, our collaboration with the European Raw Materials Alliance (ERMA) and ties with governments and entities like the German embassy set a strong foundation for our venture in Spain. 💡 Financial Partnerships: Support from Oaktree provides a sturdy base for expansion and new ventures. 🌍 Expanding Horizons: Our Australian success paves the way for growth in Spain with the SALORO SLU tungsten mine acquisition, leveraging our valuable stakeholder and shareholder relationships. #EQResources #MiningInnovation #SustainableMining #GlobalExpansion #StakeholderEngagement #GovernmentSupport #InternationalPartnerships #ResourceManagement #EconomicDevelopment #CleanTechMinin #investinginsights https://lnkd.in/dttGBuyP

Germany renews external management of Rosneft Deutschland for six months — ministry On September 16, 2022, German authorities transferred Rosneft Deutschland and RN Refining & Marketing GmbH to be managed by the Federal Network Agency BERLIN/ The German government extended external management of Rosneft Deutschland assets until September 10, the Economy Ministry of the country said. "The federal government on the basis of the energy security law [EnSiG] renews the period of external management of Rosneft Deutschland GmbH [RDG] and RN Refining & Marketing GmbH [RNRM] until September 10, 2024," the ministry said. The decision on the repeated renewal was made after "the Russian owner declared the intention to sell its stakes in RDG and RNRM," it added. On September 16, 2022, German authorities transferred Rosneft Deutschland and RN Refining & Marketing GmbH to be managed by the Federal Network Agency. It established control over stakes in three German refineries. Rosneft announced on the same day that this decision means the full loss of assets and that the Russian company is going to defend its interests in court. #business #finance #financialservices

It’s been a while since I looked at the financial reports of Russian companies whose shares are listed on the stock exchange. I decided to fill this gap out of professional interest. The results are interesting, I didn’t even expect them: • of the first five companies (Gazprom, Lukoil, Norilsk Nickel, Severstal, Rusal) selected for the procedure, only Norilsk Nickel and Rusal publish their reports regularly; • Gazprom's website does not open at all; • the latest Lukoil reports presented on its website are for only 2021; • Severstal's financial statements for 2022 have not been found. I wonder what investors rely on when investing in shares of companies for which the timeliness and completeness of publication of financial statements and annual reports is not observed? These documents are essentially the main primary sources of information for investors in developed economies, the publication of which they expect long in advance and the publication schedule of which is communicated in advance to all interested parties.

Cosco Capital, Inc. (Cosco) intends to acquire 100% outstanding shares of Matuno River Development Corporation at a price below 10% of Cosco's total book value as of March 31, 2024. #bonds #stockmarket #stocks #realestate #finance #Business #Corporate #Philippines #Financial #Invest #Investment #investingtips